Curated OER
Why Nations Trade
Students discuss international trade focusing on opportunity cost and the principle of comparative advantage. They engage in a simulation activity based on different countries and their economic benefits.
Curated OER
Give and Take
Students analyze a scheduling dilemma. For this opportunity cost and trade-offs lesson, students must schedule the school gym for basketball games, but there are not enough hours for all the games. Groups determine how time will be...
Curated OER
Track the Path of Coffee From Farm to Store Shelf
Students investigate the cultivation and marketing of coffee. In this global studies instructional activity, students consider the connections of the 21st century world as they explore how coffee makes it from farms to their homes....
Federal Reserve Bank
On the Court with... Michael Jordan
Pupils learn foundational economic concepts and consider the importance of decision-making, how to evaluate choices and alternatives, and the benefits of consistent training and practice by learning about the early life of Michael Jordan.
Curated OER
Anything Worth Doing Is Not Necessarily Worth Doing Well
Provide your class with information on basic economic concepts using this resource. Learners read background
information, examine a graph, and answer seven questions about marginal benefits and costs.
Curated OER
Labor Markets
Students examine labor markets by participating in an employer/employee simulation and in group discussions. They discuss mandated employee benefits and predict the effect they have on various parties.
Curated OER
Lost in Space
Here is a case study for high school or college-level learners about space exploration equipment that has failed. The class reads about the Mars Climate Orbiter that was destroyed in 1999 and discusses the costs and benefits of space...
Curated OER
Who Benefits From Trade?
Students work together in groups to determine the benefits of a product. They discuss how their product relates to statements given to them by their teacher. They present their findings to the class.
Curated OER
How Far Will You Go And How Much Will It Cost?
Students examine how places of various size function as centers of economic activity. They develop a list of things that families shop for, analyze a local map, create a chart demonstrating how far they travel for the items they listed,...
Curated OER
The Cost of Saving
Tenth graders compare accounts provided by the two newspaper articles with the visual account provided by Sue Coe. They articulate how those accounts are alike and different. Students consider the economic choices that made the Hamlet...
College Board
2018 AP® Microeconomics Free-Response Questions
How much should Nirali study for her history and economics exams if she has a limited amount of time for both? Scholars consider opportunity cost in using this real-world scenario from College Board. Other questions include looking at a...
Delegation of the European Union to the United States
The Single Market and Free Trade
What are the benefits of a single EU market? Class members conclude their examination of the European Union by focusing on the single market concept designed to bring down barriers, create more jobs, and increase prosperity.
College Board
2013 AP® Microeconomics Free-Response Questions
People often set off fireworks to celebrate. What is the cost of the annoyance of their neighbors? Economics help answer that question! Learners consider this problem, along with prompts on price and competition, using College Board...
Curated OER
Life on the Trails
Fourth graders explore U.S. Geography by completing a worksheet. For this west coast geography lesson, 4th graders discuss the Santa Fe and Oregon-California trails and the people who traveled them in the 1800's. Students define...
Council for Economic Education
Tapped Dry: How Do You Solve a Water Shortage?
High schoolers, after evaluating different allocation methods for water, determine the costs and benefits of each method.
Curated OER
Clothes from Grain: A Miracle or a Problem?
Students read fables about entrepreneurs who buy grain and turn it into clothing, or resell the grain and use the proceeds to import clothing. They use the fables to determine why people trade, and to analyze costs and benefits of trade...
Curated OER
Ist's Yours- It's Mine
Pupils investigate the concept of having an income as part of an economic system. They use the circular flow model to describe monetary policies. Students explain how policies of government influence the redistribution of income and how...
Curated OER
Sustainable Dining
Students identify consumer products and sustainable foods. They calculate the differences in prices and applying those prices to the cost of a meal. They also discuss the costs and benefits of buying sustainable products.
Curated OER
Rebuild Your Community
Students explore the Gulf Coast disaster and what it took to rebuild the community surrounding it. In this economic development lesson, students watch a video from the Nightly Business Report and explore what all it takes to make up a...
Curated OER
Is the Tassle Worth the Hassle?
Pupils analyze the costs of college education. In this economics lesson, students discuss the concept of opportunity cost as it relates to obtaining a college degree to secure a job.
Curated OER
Market Failure: Externalities and their Remedies
In this macroeconomics worksheet, students respond to 41 short answer and fill in the blank questions regarding economic concepts related to market failure.
Curated OER
Fitness Day
Students develop skills and a comfort level in interpreting economic concepts through graphic analysis.
Curated OER
The Future of China's Economic System
Ninth graders explore China's economic system and the future of the system. They define economic terms, research websites to find examples of how China is developing into a mixed economy system and how it competes with the U.S. for...
Curated OER
Economics -- Third Grade
Third graders read the Dr. Seuss book The Lorax. In groups, they answer questions that are related to economics and distribution of goods. They also identify the environmental issues present in the book and perform a skit in front of the...